Real estate news continues to unfold in the Aspen Snowmass ski area of Colorado, where new Snowmass Base Village owners are reimagining the traditional cookie cutter ski resort model, and new vacation home options are catching our eye. Last month, we showcased the ski-in, ski-out Residences of the Viceroy Snowmass now available in the resort. Today, we’re shedding light on two new residential projects in Snowmass Base Village: the opening of sales of the residences of the Limelight Hotel, and the Lumin, new construction projects scheduled for completion in November 2018.
The two venues are illustrative of the latest in contemporary mountain vernacular design. Make the jump for a look at plans for these stunning new residences in Aspen’s neighbor, Snowmass and the exciting development plans underway:
Snowmass Base Village is a $600 million mountain resort development located at the base of the Snowmass Ski Area. (To clarify somewhat confusing nomenclature: Snowmass Base Village is a resort development in the town of Snowmass Village; the town is situated in an area known as the Snowmass ski area, the largest of the four nearby ski areas operated collectively as Aspen Snowmass.)
Located just minutes from Aspen, Snowmass Village celebrated its 50th anniversary this year. One lift ticket affords access to four mountains in the area: Snowmass, Aspen, Aspen Highlands, and Buttermilk. The Snowmass area offers year-round action: along with the 3,332 acres of terrain that is consistently ranked as one of the best ski venues in the world (with the largest vertical descent in North America), there’s hiking and mountain biking trails; an alpine coaster; fly-fishing; plus the world-class restaurants, art galleries, and cultural experiences of Aspen readily at hand.
Snowmass Base Village (within the town of Snowmass Village) is currently the largest ski resort development under construction in North America. The project is a collaboration of three Colorado-based companies: East West Partners, Aspen Skiing Company, and KSL Capital. The new team bought out the former owner, Intrawest in early 2017, initiated a $3.5 million renovation of the Viceroy Snowmass Hotel and commenced construction of new projects in the summer of 2017, opening residential sales last December. The Limelight and Lumin residences under construction are scheduled for completion in just in time for occupancy Winter 2018-19. More development will follow:
The Limelight Hotel Residences — Opening November 2018
You may be familiar with Limelight’s other locations in Aspen, Colorado, and in Ketchum, Idaho. The Limelight Hotel’s project’s catch phrase, “fun, unfussy luxury with an energetic vibe,” is apparent in renderings of the 11 private residences which will be attached to a 99-room Limelight Hotel slated to open in Snowmass in November 2018.
Owned by the Aspen Skiing Company, the Limelight property will feature an indoor/outdoor lounge area, a five-story climbing wall, a fitness center and spa pools, and the Snowmass Mountain Club, an exclusive private club with lockers and a lounge area for convenient ski access. Residences will range from two-bedroom, two-bath, 1,367 square feet to three-bedroom, three-bath 2,627 square feet, with pricing ranging from $1.675 million to $4.765 million. Oz Architects and the interior design firm Stonehill & Taylor are responsible for the contemporary mountain design of the property — think vaulted ceilings, expansive windows, natural finishes, wooden floors, stone hearth fireplaces, balconies, and sophisticated fixtures and appliances. A rental management program will be available for those who wish to generate income when they’re not using their Snowmass home. Feel good bonus: the Limelight property is pursuing LEED Gold certification.
The Lumin — Tenative Opening November 2018
Construction is underway of the centerpiece of Snowmass Base Village, a public events plaza, which will host a winter skating rink, concerts, and other activities for the community year round. For the homeowner who wants to be at the center of it all is the Lumin, a complex of just three residences above a commercial entity — Four Mountain Sports — adjacent to the plaza and the Elk Camp Gondola.
The Lumin’s exclusive residences accessed by private elevator include a penthouse, a four-bedroom, four-and-one-half-bath, 3,284-square-foot unit priced at $6.3 million; a four-bedroom, four-and-half-bath, 2,799-square-foot unit for $4.4 million; and a three-bedroom, three-bath, 1,997-square-foot unit for $3.3 million — all done in contemporary mountain design with floor-to-ceiling windows and outdoor decks. Natural stones, Montana timber, and premium appointments punctuate the property.
The Lumin is the ultimate in convenience to Snowmass Village amenities, including all the perks of the Limelight Hotel. With architecture by Oz Architects, this project, too, is pursuing LEED Gold. The Ranch House is responsible for its interior design.
More to Come
Construction began Winter 2017 on One Snowmass, a ski lodge to be completed in Summer 2019, which will include 41 condominium residences, including 30 whole ownership units and 11 fractional shares. Stay tuned; we’ll keep you posted. In the meantime, to learn more about the Limelight Hotel and Lumin residences, see the resort’s website, www.allinsnowmass.com.